Global India Business Forum is proud to be associated with Germany, an important G-20 nation.
It is an important country in terms of business opportunities. Global President, Dr. Jitendra Joshi
and Co-founder and Director of GIBF, Deepali Gadkari had a great interaction with German
Consul General, Mr. Achim Fabig. They got inputs from the CG for FTA. German companies
can invest and expand their business activities in India.

Exports :

Cars ($123B), Packaged Medicaments ($60.9B), Motor vehicles; parts and accessories (8701 to 8705) ($54.6B), Vaccines, blood, antisera, toxins and cultures ($34.1B), and Planes, Helicopters, and/or Spacecraft ($20.9B)

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Imports :

Cars ($68.9B), Motor vehicles; parts and accessories (8701 to 8705) ($36B), Packaged Medicaments ($32.2B), Broadcasting Equipment ($28.7B), and Vaccines, blood, antisera, toxins and cultures ($25.5B)

The country offers the right kind of economic, political and technological climate a business venture needs to thrive and bloom. And on top of that, the nation has a legal system that does not pose much bureaucratic hurdles and burdens even if you are an outsider.
With a population that boasts of a high spending power and a transport network well-connected to other European countries, Germany is a perfect place to locate your business.
But of course, now that you have decided to invest your money and efforts into this country, you have got to have an idea to sell.
What are some good business ideas in Germany? Lets break it down for you and make you understand what sells in Germany. Small business ideas in Germany

Manufacturing

The German manufacturing industry is the production house of a large portion of high quality products sold all over the world and it isnt a bad idea to be a part of that.
Set up a company directly or indirectly related to this industry. Be a small-scale

manufacturer or offer essential services that other manufacturing companies need.

IT Support

Does your interest lie in the IT industry? Considering the huge consumption and usage of IT goods and gadgets by the German population, support services like repairs and installation is an idea worth exploring.

Financial Services

It was well-established that Germany is home to a large number of businesses. When there are businesses, there is always a demand for financial services like accounting, auditing and compliance. If you are skilled in any of these, you could earn a lot by offering these services to other enterprises.

English Tutorship

If you keep German aside, English is the next most important language used in the country. There are always plenty of people trying to learn this language. If you have decent knowledge about the English language, offering English classes through your own tutorship schools could turn into a successful business venture.

Exporting refers to the selling of goods and services from the home country to a foreign nation. Wherea's, importing refers to the purchase of foreign products and bringing them into ones home country.

motor vehicles Accounting for 15.5% motor vehicles and parts thereof of exports, was Germany's main export product in 2022. Machinery (13.3%) and chemical products (10.3%) ranked second and third, respectively, among the most important export items

In 2021, Germany main import's were: computer, electronic and optical products (11 percent of total imports); motor vehicle 's, trailers and semi-trailers (10 percent); chemical 's and chemical products (8 percent); machinery and equipment (8 percent); electrical equipment (7 percent); basic metals (6 percent); crude